The Solomon Islands' SaaS industry is experiencing steady growth, with an estimated revenue of $45 million in 2026. The adoption rate among local businesses has increased to 72%, reflecting rising digital maturity. The number of SaaS providers has grown to 15, indicating a competitive market with diverse offerings tailored to regional needs.
Customer retention remains a challenge, with an average churn rate of 8.5%. Despite this, the average customer lifetime value is projected at USD 12,000, signaling valuable opportunities for SaaS vendors. Continued infrastructure improvements and digital literacy initiatives are expected to further boost SaaS adoption across sectors.